All news articles for August 2011

NutraCea narrows Q2 loss

NutraCea narrows Q2 loss

By Caroline Scott-Thomas

Stabilized rice bran (SRB) supplier NutraCea has narrowed its loss in the second quarter of 2011 and increased revenues 29 percent, although sales of rice bran for food and feed applications did not grow as quickly as anticipated, the company said.

Energy to engage?

Does the energy shot market have room for a new player?

By Elaine Watson

A David vs Goliath battle is set to be waged in the US energy shots sector as two ex-Marines seek to carve out a niche in a market so competitive that even Red Bull has thrown in the towel and made a sharp exit.

Ralcorp: Going it alone

Ralcorp rejects ConAgra bid for the third time

By Elaine Watson

Ralcorp has rebuffed the advances of suitor ConAgra Foods for the third time and insisted that its plan to spin off its Post cereals business offers shareholders greater value.

Cargill owns the Truvia brand of stevia-based sweeteners

Cargill: We were a ‘port in a storm’ for customers

By Elaine Watson

Fourth quarter earnings dipped 7 percent to $404m, but full year earnings surged 35 percent to $2.69bn on revenues up 18 percent to $119.5bn on continuing operations* at Cargill – the world’s largest agricultural trader.

The snacks division will include 'three towers of power': candy and confectionery; cookies and crackers; and salted snacks

Analyst: No certainty Kraft split will unlock fresh value

By Elaine Watson

While the boss of Kraft Foods believes the whole of the business is worth less than the sum of its parts, it is by no means obvious that cutting it up and rearranging it will transform its growth prospects, according to one analyst.

Grassley: HFCS keeps foods affordable

Senators: HFCS is being ‘significantly mischaracterized’

By Elaine Watson

A group of US senators has written to the Food and Drug Administration (FDA) in support of the Corn Refiners Association (CRA) petition to allow food manufacturers to label high fructose corn syrup (HFCS) as ‘corn sugar’.

Sensient opens supercritical CO2 extraction facility in Indianapolis

Sensient opens supercritical CO2 extraction facility in Indianapolis

By Elaine Watson

Colors, flavors and fragrances giant Sensient Technologies has opened a new CO2 extraction plant at its flavors HQ in Indianapolis that will enable it to manufacture its Natural Origins line of concentrated botanical extracts in the US as well as the...

Cranberry price fluctuates at 8th Ocean Spray auction

By Shane Starling

Ocean Spray saw price fluctuations compared to May auction levels as the cranberry leader sold 148,750 gallons of concentrate at its eighth auction since switching to the sales system in 2009.

Kids seeing fewer TV ads for sweets and snacks, study finds

Kids seeing fewer TV ads for sweets and snacks, study finds

By Caroline Scott-Thomas

The number of TV advertisements US children see for high-fat, salty and sugary foods and beverages has declined in recent years – but the majority of kids’ TV food advertising is still for less healthy choices, according to new research.

Chocolate earnings climb 9 per cent for Kraft; gum growth flat

Chocolate earnings climb 9 per cent for Kraft; gum growth flat

By Jane Byrne

Kraft, in its second quarter results, reports continuing challenges ahead for its gum and candy division in developed markets, and claims the Cadbury takeover is a fundamental earnings driver, with its global chocolate earnings up 9 per cent.

Cargill recalls 36m pounds of ground turkey on salmonella fears

Cargill recalls 36m pounds of ground turkey on salmonella fears

By Caroline Scott-Thomas

Cargill Value Added Meats Retail has initiated a voluntary recall of about 36 million pounds of ground turkey products because of possible salmonella contamination, although there is still no conclusive evidence of the outbreak source, the company has...

Lazy Larry: Not for kids

Melatonin brownie maker: ‘We’ll sell them as supplements’

By Elaine Watson

The maker of the melatonin-laced ‘relaxation’ brownies at the center of a debate over where a dietary supplement ends and a food begins says it will make “all necessary changes to market and sell the product as a supplement”.

FDA reopens comments on gluten-free labeling

FDA reopens comments on gluten-free labeling

By Caroline Scott-Thomas

The Food and Drug Administration (FDA) has reopened comments on its proposed thresholds for gluten traces in products labeled as gluten free – four years after it originally proposed the guidelines.

Walsh: Tremendous opportunity for further growth in US market

Herbalife to expand manufacturing footprint

By Elaine Watson

Direct selling supplements giant Herbalife aims to expand its manufacturing footprint dramatically over the next two-to-four years as it steps up plans to make more of its products in-house.

FDA announces reinspection fee rates under FMSA

FDA announces reinspection fee rates under FMSA

By Caroline Scott-Thomas

The Food and Drug Administration (FDA) has announced fee rates for food facility reinspections and non-compliance with recall orders, as authorized by the Food Safety Modernization Act (FMSA).

Study finds favored formats for aҫai products in California

Study finds favored formats for aҫai products in California

By Jess Halliday

Sorbet, juice, and smoothies came up trumps in a study to assess young women’s preferences for functional foods containing açai pulp, with flavor and aftertaste the most important attributes, according to a new study from California.

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